2014 Agreement on Investment Under the Framework Agreement on Comprehensive Economic Cooperation between the Association of Southeast Asian Nations and the Republic of India

2014 AIFTA Investment Agreement / AIIA

• ASEAN Documents
  • ASEAN External Relations
    • India

Article 19: Dispute between Parties

“The provisions of the Agreement on Dispute Settlement Mechanism under the Framework Agreement on Comprehensive Economic Cooperation between the Association of Southeast Asian Nations and the Republic of India signed in Bangkok, Thailand on 13 August 2009 shall apply to the settlement of disputes between or amongst the Parties under this Agreement.”

Article 20: Investment Disputes between a Party and an Investor

This article applies to investment disputes between a Party and an investor of another Party concerning an alleged breach of an obligation of the former Party under Article 3 (National Treatment), Article 7 (Treatment of Investment), Article 8 (Expropriation and Compensation), Article 9 (Compensation for Losses) and Article 11 (Transfers).

Secretary-General of ASEAN

Annex 1: Security Exceptions

Annex 2: Non-Justiciability of Security Exceptions

Ministry of International Trade and Industry, Malaysia

01/07/2015

Article 30: Entry into Force

“1. Each Party shall notify the other Parties in writing upon completion of its internal requirements necessary for entry into force of this Agreement. This Agreement shall enter into force on 1 July 2015 for any Party that has made such notifications provided that India and at least four (4) ASEAN Member States have made such notifications by that date.

2. If this Agreement does not enter into force on 1 July 2015 it shall enter into force, for any Party that has made the notification referred to in paragraph 1 of this Article, sixty (60) days after the date by which India and at least four (4) ASEAN Member States have made the notifications referred to in paragraph 1 of this Article.

3. After the entry into force of this Agreement pursuant to paragraph 1 or 2 of this Article, this Agreement shall enter into force for any Party sixty (60) days after the date of its notifications referred to in paragraph 1 of this Article.”

Article 27: Withdrawal and Termination

“2. This Agreement shall terminate if, pursuant to paragraph 1 of this Article:

(a) India withdraws; or

(b) this Agreement is in force for less than four (4) ASEAN Member States.”

2003 Framework Agreement on Comprehensive Economic Cooperation between the Republic of India and the Association of Southeast Asian Nations

2009 Protocol to Amend the Framework Agreement on Comprehensive Economic Cooperation between the Association of Southeast Asian Nations and the Republic of India

2009 Agreement on Dispute Settlement Mechanism under the Framework Agreement on Comprehensive Economic Cooperation between the Association of Southeast Asian Nations and the Republic of India

ASEAN accessed on 19/02/2024

Ministry of Commerce and Industry, India accessed on 19/02/2024

This instrument was adopted following negotiations based on Article 2 of the 2003 Framework Agreement on Comprehensive Economic Cooperation between the Republic of India and the Association of Southeast Asian Nations.